MONEY AND MARKETS

Southland Times, Issue 23782, 1 April 1939, Page 4

MONEY AND MARKETS

INQUIRY FOR STOCKS AND BONDS ON INVERCARGILL EXCHANGE

Steady inquiry came for stocks and bonds and prices for all 4 per cent, lines were steady on the Invercargill Stock Exchange vesterday. No improvement was shown in the banking section, the demand being limited to New Zealands at £1 18/3 and Nationals of New Zealand at £2 6/-. Australian industrials were quiet and the mining market unchanged. A sale of Bank of New South Wales at £29 12/6 was reported.

Quotations were called as follows:—

GOVERNMENT DEBENTURES Buyer Seller £ s. d & s d Stock, 34 p.c., 1939-43 97 10 0 Stock, 4 p.c., 1943-46 98 5 0 Bonds, 4 p.c., 1943-46 98 5 0 Stock, 4 p.c., 1946-49 99 15 0 Bonds, 4 p.c., 1946-49 99 15 0 Stock, 4 p.c„ oo _ 1952-55 99 2 6 Bonds, 4 p.c., 1952-55 99 2 6 Stock, 3| p.c., 1941-43 98 0 0 BANKS Commercial — 016 2 National of New Zealand 2 6 0 - New Zealand 1 18 3 BREWERIES Dunedin Brewery _ , „ , Co. 14 6 N.Z. Breweries 1 18 3 COAL Westport Coal 110 Westport Stockton _ . _ (ord.) 0 4 0 INSURANCE National 015 6 015 10 LOAN AND AGENCY Goldsbrough, Mort and Co. 110 0 National Mortgage ———2 0 0 Trustees’ Executors . (Dunedin) 4 0 0 — MEAT COMPANIES N.Z. Refrigerating (10/- paid) — 0 6 7 SHIPPING Huddart-Parker — 214 0 Union Steam Ship Co. (pref.) 14 6 7 WOOLLEN MILLS Bruce 010 0 011 6 Mosgiel 9 7 6 MISCELLANEOUS Broken Hill Pty. 219 0 D.I.C. (pref.) 12 3 Dominion Fertilizer 13 3 • Dominion Rubber Co. 10 0 Donaghy’s Rope and Twine 2 3 0 ——— LC.I. (pref.) 13 6 McKenzie’s Dept. Stores Ltd. 2 0 6 -—- N.Z. Drug . 3 7 0 Morts Dock 0 14 9 Permanent Building Society 5 15 0 Woolworths Ltd. 12 6 Woolworths Properties Ltd. 15 9 ——— MINING Broken Hill South 16 0 — North Broken Hill 2 5 0 ——— Electrolytic Zinc (ord.) 2 6 0 --- Gillespie’s Beach 0 011 Goldfields Dredging 0 0. 2 Mount Morgans 0 11 0 Mount Morgan (pref.) 11 6 . n , « Nokomai 0 2 0 Austral (N.Z.) 12 6 AUCKLAND £ I d Bonds 1953-57 3% p.c. 91 ™ «. stock 1953-57 3% p.c. (2) 91 10 0 do. 1943-46 4 p.c. 98 7 6 do. 0® 42 6 Commercial Bank of Australia (Thurs.) 16 0 Bank of N.Z. (2) 1 18 4 do. (D mort.) 1 6 6 National Insurance 13 » South British Insurance 2 4 4 Dominion Breweries . , o Australian Consolidated Industries 1 10 9 British Tobacco (ex div.) 2 9 3 K.D.V. Boxes (con.) 3 ® Colonial Sugar 48 12 b Gear Meat « » Wilson's Cement 3 do. , 16 4 Woolworths (Syd.) 1 " Woolworths (N.Z.) 11 3 Unofficial List

Silknit, 4 3 WELLINGTON £ 8 d Broken Hill Propty. (Thurs.) 2 19 0 3>/ a p.c. Stock 1953-67 91 10 0 4 p.c. Stock 1949 99 10 0 Bank of N.Z. 1 J « do. (D long term) 1 6 „ Farmers’ Trading (B pref.) 19 0 CHRISTCHURCH £ s d N.Z. Government 3M p.c. Inscribed 1953-57 ™ 0 Commercial Bank of Australia 15 11 Grey River (3) 18 8 New River i Sales Reported N.Z. Government 4 p.c. Bonds 1955 99 5 0 Commercial Bank of Australia 16 0 British Tobacco (cum div.) (Thurs.) 2 9 6 Austral-N.Z. Mining 14 1 DUNEDIN Sales Reported £ s d 4 p.c. Stock 1943-46 98 10 0 National Bank of N.Z. 2 7 0 N.Z. Refrigerating (cont.) 6 6 I.CJ. (pref.) (2) 14 0 N.Z. Breweries 1 18 o SYDNEY (Received March 31, 9.5 p.m.) SYDNEY, March 31. The Sydney Stock Exchange maintained a steady tone today, but there was a restricted turnover, with an absence of selling pressure. Sales: £ s d Bank of New South Wales 28 15 0 Commercial Bank of Australia 15 0 Queensland National Bank 4 13 9 Colonial Sugar 46 0 0 Associated Newspapers 19 0 Huddart-Parker (N.Z. delivery) 2 11 6 British Tobacco (ex div.) 2 6 6 ' Tooth’s Brewery 212 0 Toohey’s Brewery (ex div.) 18 6 Woolworths (N.Z. delivery) 12 0 Horderns 14 8 Lustre 19 6 General Industries (ex div.) 17 1 1 ,4 Morts Dock 13 10 Felt and Textiles 19 1 Standard Cement 10 6 Victoria Nyanza 10 0

VT. Adams 14 9 Wlnchcombe Carson 1 5 3 Wilcox Mofflin 5 7 Broken Hill Propty. 2 15 0 Rawang Tin 6 9 Austral-N.Z. Gold 1 2 0 MELBOURNE Sales: £ s d Commercial Bank of Australia 14 11 G. J. Coles 3 13 9 Herald and Times 3 0 3 Woolworths (Victorian) 1 8 9 Dunlop Perdriau 1 0 6 Loloma 19 6 1 North Broken HUI 2 1 3